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So we're going to get wild today on this special edition 100 million on leads

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audiobook podcast collaboration fo free we're talking about core four on steroids

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we concluded the core four which is the only four ways that anyone person can

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let another person know about their stuff today we talk about more better

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new which are the three ways that you can do it and do more of it in a way to

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make more monies all right so I hope you enjoy this one it's going to be a

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heater and packed core four on steroids more better new if at first you don't

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succeed use force a surveyed the 50 or so faces of the group all entrepreneurs

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looking to scale their businesses each hungry for the missing link that would

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flood them with engaged leads after finishing a presentation on lead

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generation I opened up the floor for Q&amp;A the first business owner time

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then I feel like I've saturated the market I don't think we can get any bigger

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in the car practice than we already are what's your revenue I asked two

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million a year and how much you spend in advertising about 30 grand a month on

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Facebook what's your conversion rate from click to close I don't know so you

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don't track overall throughput I guess not okay what other platforms do

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advertise on none how much content do you make for car practice none how much

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code average do you do none and the 30k you spend on one platform for a two

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million dollar business saturated the 15.1 billion dollar car practice

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industry does that sound reasonable a second business owner chimed in before

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we could answer if it helps I'm in the car practice and it's two and I spent

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30,000 in advertising across four platforms last week do you still feel like

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you saturated your niche I asked you got the point I have this conversation

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daily with entrepreneurs looking to grow typically they figured out how to get

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enough customers from one platform to get them to one to three million dollars

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per year it's still not completely predictable and they have their ups and

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downs but they have the gist of what they need to do and I've seen some success

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so it's at this point that they hit a wall because they think they can't make

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more money they assume they've tapped the market I kid you not I had a

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conversation with a different entrepreneur making three million per year in

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the weight loss space he was worried increasing his ad spend past 40,000 a month

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would saturate his ad platform for context that platform has over one billion

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active daily users and he was selling weight loss in America a 60 billion dollar

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industry silly there are more leads out there than you can possibly imagine I've

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used a framework to unlock those leads over and over again and now you can use it

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how to get even more leads more better new first you reach out to people who

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know you then you start making free content then you start reaching out to

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people who don't know you then you start running paid ads this is how you do

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the core for to get engaged leads and there's really nothing else the single

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person can do on their own to get them but what if you're doing the core for

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and still not getting as many gauge leads as you want well worry not there are

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two ways to boost any of the core for to get more engaged leads on your own I

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use these every time I want to increase engaged lead flow in a portfolio

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company they're easy to remember more better new simply stated you can do more

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what you're currently doing you can do what you're currently doing better and

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you can do it somewhere new and just like the story in the beginning with the

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agency owner that's exactly what I was asking him could you advertise more could

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you advertise better could you advertise somewhere new so let's start with the

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one I actually do first more you've done some advertising by now and you know

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the advertising that you do works to some degree so the next obvious thing you

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can do to get more engage leads is more a lot more crank up the volume to max

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capacity even with no improvements at all if you double your inputs you'll get

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more engage leads make twice the reach outs post twice the content run twice the

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ads double the ad spend etc you won't regret it unless of course you hate money

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so while we'll always focus on testing to make ourselves better which will get

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to in a moment the biggest increases often come from advertising more here's

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how I do more the rule of 100 the rule of 100 is simple you advertise your

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stuff by doing a hundred primary actions every day for 100 days in a row that's

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it I don't make many promises but this is one if you do 100 primary actions per

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day and you do it for a hundred days straight you will get more engage leads

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commit to the rule 100 and you will never go hungry again here's what it looks

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like apply to each of the core four warm reach outs 100 reach outs per day

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example primary actions email tax direct message calls etc post content 100

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minutes per day making content release at least one per day on a platform as you

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get better post even more example primary actions short and long videos or

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articles podcasts infographics etc cold reach outs 100 reach outs per day

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example primary actions email tax direct message cold call flyers etc as with

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all cold advertising expect lower response rates so use automation paid ads

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100 minutes per day making paid ads example primary actions direct response

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media ads direct mail seminar podcast spots etc 100 day straight of running

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those paid ads use the daily budget we calculated together in the paid ads

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chapter aim for client finance acquisition pro tip more ads means better ads

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means more leads Facebook reviewed the accounts of all advertisers on their

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platform they found something curious the top point 1% of advertisers split

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test 11 more times creative than everyone else oftentimes it's not that you

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can't scale and add profitably you just can't scale a mediocre ad

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profitably and the only way to find the exceptional ads is to make 11 times

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more of them success leaves clues do what the point 1% do to get what the

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point 1% get getting better gets you more leads for the same effort we want

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that and you can only get better by doing one thing testing so you do more and

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more until it breaks then you make it better in other words if you do more for

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long enough your cat will eventually get too high to sustain so you make a

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tweak and see if it improves if it does keep doing it if it doesn't toss it

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out thousands of these tiny tests separate the winners from the beginners every

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action elite takes before they become a customer is a potential dropoff point

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so I do the most testing at whatever step the most leads drop off I call these

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constraints constraints are the points with the smallest improvement create the

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biggest boost in results that's why they're so important we get the biggest

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bang for our buck for example if you have three steps in your process let's say

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30% opt-in aka give you their contact information 5% apply and then 50%

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schedule but let's ignore the obvious constraint for a moment imagine we

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improve each step by 5% itself so 30% becomes 35% which is a 16% increase 5

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percent becomes 10% which is a 100% increase 5% becomes 55% in scheduling

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which is a 10% increase in leads we get wildly different results improving

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the constraint also comes out the clear winner so focus on the constraint which

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was obviously in our example the 5 going to 10 because it's a 2x increase in

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leads and again if you're not sure which step is the biggest constraint find

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the step where the most leads drop off you'll get the biggest reward for the

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smallest improvement here's how I get better I test one thing per week per

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platform and I do it for four big reasons one if you test multiple things at a

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time on one platform you'll never really learn what worked two steps affect

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each other a single change can affect resulted other steps for example if you

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change step one and more people opt-in but fewer people apply no bueno but you

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wouldn't know if you change both steps if you make one change you can see

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what happened if you make a bunch of changes good luck trying to figure out

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what worked or didn't three it forces you to prioritize what will get you the

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most engaged leads you can do an infinite amount of tests but time is limited

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so you must choose your test wisely for example if you only do one big test per

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week per platform don't waste it on a color change from red to bright red

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four maybe the most important you run the test for long enough to see if you

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actually get an improvement to short and you won't get enough data too long

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and you waste time you could have spent improving the next constraint with the

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size of my team and the amount of money I spent on advertising one week is

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typically long enough for me in every company I own I set up a testing schedule

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every Monday we run one split test per platform we give it a week and then the

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next Monday we do three things one we look at the results and pick the winners

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for each platform test two important we write down the results of the test in

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a log of all tests so the next time we do something we start a zillion

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improvements later not at square one three we come up with our next test to

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beat the current best version if we can't beat the version we're currently

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running in four tries or one month we move on to the next constraint you

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continue to allocate effort to make things better but at a certain point the

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effort you put into making things better brings lower and lower returns at

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some point it makes more sense to invest your effort into something that will

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bring higher returns only at this point do we try something new pro tip

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front to back most times in general the lowest percentage steps usually

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happen at the front and the higher percentage steps happen at the back as in

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one percent of people may click an ad then thirty percent will give you their

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contact information this is why most times you'll end up focusing on the

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front more than the back and that's fine those steps are usually the

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constraint they have the largest return for the smallest improvements the call

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out the value elements the offer the CTA the landing page the headline the

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sub headline the image etc down the pathway you go in order what the lead will

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see and then do pro tip better more new when talking to businesses less than

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one million per year in profit I usually advise them to do more first they

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haven't done enough volume for percentage changes to make a big difference

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but once you cross a million in annual profit making things better can be the

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lowest cost highest return thing you do so once a business is big enough I

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flip the order from more better new to better more new so after you've

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improved your marketing efforts through more and better the only thing you

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have left is new places in new ways in simple terms new and if you think your

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business can't possibly get any bigger let me show you why it can then I'll

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show you how it can size of the pie fallacy understanding market size I have a

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visual that has three circles one that's a hundred percent filled out that

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just says me one that's fifty percent filled out that has a middle smiley face

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says me plus one competitor and then a circle that has only one quarter

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filled out which is me plus three competitors which is a very sad face most

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business owners only look at the platform and tiny community they market

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and usually there are only three or four big companies marketing in their

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niche so they assume those companies must split the entire market between them

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this is exactly what the entrepreneur and my interest story did think for a moment

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about how ridiculous this is I call this problem the size of the pie fallacy the

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market is in fact much bigger than most assume a small business uses one of the

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core four on one platform and one very specific way with a very targeted

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audience and in that same space advertising the same way there may be only a

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handful of other competitors they then mistakenly assume the tiny slice of

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the universe they advertise to is the entire available market this is why most

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businesses stay small when they plateau they think there's no more leads to

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get they believe they got as big as they possibly can because for many saying

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I'm as big as I can get is much easier than saying I'm not as good at

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advertising as I thought this false argument keeps entrepreneurs everywhere

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poorer than they should be when to do new when the returns you get from doing

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more better are lower than what you could do from a new placement or new way

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of advertising there are many other slices of attention and potential leads

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sitting just inside the tiny universe of post content they could add new

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placements since many platforms have multiple places or forms of content for

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example on Instagram you can make stories message ads and posts on YouTube you

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can make shorts long community post etc or they get at a new platform they could

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go from Instagram messenger to Facebook messenger they go from YouTube

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shorts to Instagram shorts etc and once they've exhausted those they get

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at an entirely new core for activity and if you curious the order I pick my

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next new comes down to one thing what will get me the most leads for the least

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amount of work that is the rule and nine times at a 10 it goes like this new

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placements then new platforms then new core for bottom line no matter how you

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advertise you could do it in new ways different styles of content or new places

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think other platforms then finally do a new core for activity altogether and

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you guessed it each of them gets us what we want more leads now this is much

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harder in practice which is why we exhaust more better first but at a certain

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point you have to expand to new placements platforms and core for activities

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to get more people to know about your stuff action step exhaust more better

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first once you can't do any more any better meaning the returns are lower than

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putting the same effort into new platform then try new use this rough order

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new placement new platform new core for activity get it going measure how you

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do and scale up from there using more better then rinse and repeat more better

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new summary first you do way more of the advertising that works until it breaks

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then the next drop off point becomes obvious then you keep that level of

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advertising up while you go back fix the constraint and make it better so really

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better and more work with each other more than they were separately the first

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question I usually ask myself before we invest in a company that needs to get

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more customers is what's stopping them from doing 10 times what they're

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currently doing sometimes nothing so we just do more other times we need to

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make something better first so answer that question and you'll know it's a

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do next only once you've exhausted more better do the real returns come from

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doing new first go with new ad placements on a platform you know second go with

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placements you know on a new platform then once you get the hang of the new

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platform use new placements on it once you exhaust that you can add a new

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core for activity on top of what you currently do that gives you my simple real

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world way I put the core foreign steroids to get even more leads conclusion

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advertising is the process of making known it's what we do to let strangers

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know about the stuff we sell now we solve the stuff problem with your lead

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magnet or offer to get them to turn into engage leads you have to tell them

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about it so we spent this section going over the only four ways a single

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person can advertise let other people know about their stuff and to do it you

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treat either time money or both and when you do it you can advertise to people

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who know you warm we can advertise to strangers cold and you can advertise

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publicly content or ads or privately throughout reach as far as what to do

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when whenever I build a business I think about it this way after I do

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or outreach to get my pool of customers going if I have more time the money I

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moved to posting content if I have more money than time I go with cold

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outreach or running paid ads but remember you only need to do one to get

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engaged leads so just pick one then max it out do more do better do new and all

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the advertising methods compound together the money the systems and experience

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you earn from the prime method will help you master the next one a business

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that post free content and runs paid ads will get more out of their ads and

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their content than a business that only does one or the other a business that

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does code outreach and makes content will get more from their code outreach and

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work their warm leads better than one that does only one every combination of

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the core for advertising activities boost each other in some way and as a

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personal note I've done them all I built my first business off posting content

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and warm outreach I built my gyms off free content and paid ads I built gym

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launch off paid ads and code outreach I built prestige labs off affiliates

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which will cover in section four I built Alan off paid ads and affiliates also

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section four I built acquisition dot com off posting content there are many ways

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to get engaged leads if you master one you'll be able to feed yourself for

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the rest of your life they all work if you do next up if you follow the steps

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in this book you run out of hours in the day you won't be able to do any more

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any better let alone add anything new so you'll need help on your journey to the

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land of endless leads you'll need allies those allies coming for different

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flavors and since there are more of them than there are view they're the key

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to getting there so let's go get them free gift bonus training more better new

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this is one of my favorite topics around scaling businesses our portfolio

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CEOs cite this as one of the most impactful frameworks I've given them if you

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want to see a video version of me breaking this down you can find it here for

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free as always at acquisition dot com for slash training for slash leads as

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simple as what you just heard was that framework of more better new is exactly

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how I approach every average times a campaign in every single company which is

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can we do more can we do better and I go back and say why can't we do more why

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can't we do better before doing new but if you need to do new you might also

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know how to do it well and hopefully that give you a little bit of a taste of how

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to do that for your own business and if you enjoyed that and you think you

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could use that in your own business it means it probably be useful to

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somebody else and see if you take the two seconds hit the share button texted

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to a friend post it to your story it would mean the absolute words I mean

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because after all this whole thing I mean absolutely free rather than trying to

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monetize it up you enjoy and next we have section four which begins the lead

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getter section all right so I almost wrote this entire book to get to the lead

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getter section because today almost all the leads I get are from the next four

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ways that I introduced advertising but I had to explain the fundamentals which

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is the core four in order to explain the next four lead getters and this is I

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mean when I advertise this book I use predominantly the back half of the book

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to advertise the book I advertise using the first half just to show that I

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could do it and to demonstrate that it worked but where you go from 100 leads

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a day to 20,000 leads a day comes from leverage and that comes from the back

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half of the book and the beginning of that is next episode so you won't want to

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miss it. This has been one hundred million dollar leads written by Alex

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Ramose red by Alex Ramose copyright 2023 acquisition dot com audio

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production copyright 2023 acquisition dot com media
